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Legend of Macao Gambling King – Stanley Ho (Part 2)

Portugal was set to return Macao to China control after more than 440 years of colonial rule in 1999 but before the China could do so, rival gangs fought for control of the V.I.P rooms. Even official working for Stanley was murdered and a senior Portuguese official who tried to calm thing down was s [...]

Legend of Macao Gambling King – Stanley Ho (Part 1)

In the shape of a soaring lotus flower, the new Grand Lisboa opened recently is the crown jewel of a casino empire controlled by Stanley Ho, the 85-year old billionaire who had held the “Asia’s Las Vegas”, Macau’s (Macao) only gambling license for 40 years. The opening of Grand Lisboa attrac [...]

Malaysian Premier Vow to Keep Proton’s Badge

During an interview with CNBC late Friday, Malaysian Prime Minister was quated as saying that the brand name “Proton” will not be wiped out amid negotiations on a possible merger with foreign partners. Abdullah stressed “We cannot decide to forget the name Proton and to allow it to disappear � [...]

Real Property Gains Tax Abolished – For Now or Forever?

So, the Malaysian government has finally abolished the real property gains tax (RPGT) in the current not so robust economy. A big applause to them, not that they have any other choice if one was to look at the sluggish property market. This will definitely bring cheers to the industry players and lo [...]

DIGI – If You Can’t Beat Them, Suck the Coffer Dry

Malaysia's smallest mobile phone firm, DIGI.com Berhad (KLSE: DIGI, stock-code 6947) feels its balance sheet is under-geared and a capital repayment could be one way to restructure it, Chief Executive Morten Lundal said today. "Right now, we have too much cash and too little debt … Our balance she [...]

Malaysia is Dying For Foreign Investment?

The fund managers who were attending the “Invest Malaysia 2007” conference, which opened in Kuala Lumpur yesterday, hope to see more transparency and consistency in results, especially from the blue-chip companies.Simon Chan, investment director of the Hong Kong- based BNP Paribas Asset Manageme [...]

Fed Comments Ignites Investor Hopes

The Federal Reserve held interest rates steady on Wednesday and raised the possibility they could be cut in the months ahead, igniting a rally on Wall Street where investors are thirsting for a reduction. Fed Chairman Ben Bernanke and his central bank colleagues left an important interest rate uncha [...]

Stock That You Can Milk for The Next 40 Years

Bernama reported that a total of RM 23.66 billion (USD 6.7 Billion) has been collected by 19 Malaysian highway concessionaires since the introduction of the highway privatization concept until 2006. The mind-boggling amount of money collected including the Penang bridge and the Malaysia-Singapore Se [...]

Why You Should Look At 200-day MA before investing

What is the first thing you learn once you decided to anchor yourself in the territory of “Technical Analysis” study? What do most of the presenters teach you during one of those “free” stock-investing seminar – with the intention of getting you enroll into their courses ultimately? It’s [...]

Scrapping Real Property Gains Tax – Tonic for Stocks?

Malaysians are waiting for a piece of rumor to become a fact soon. The expectations are running high. And it should become a reality soon judging from the win-win situation that it potentially brings to both the country’s economy as well as the investors. It’s none other than the expectation of [...]


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